Which of the following statements is/are correct?
1. No bill can be introduced in the legislature of a state for imposing reasonable restrictions on the freedom of trade without previous sanction of the President.
2. No bill can be introduced in either House of Parliament for altering the name of a state without the name of a state without the recommendation of the President and the concurrence of the state legislature concerned.
Select the correct answer:

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

Answer: Option A